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Nonprofiteer
← CHANGE REACTION

Form 990 for tax year 2022

Filed by CHANGE REACTION.

Totals

Total revenue
$4,906,918
Total expenses
$3,609,653
Contributions and grants received
$4,906,918
Grants paid
$2,296,987
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$1,326,800
Total liabilities, end of year
$2,405
Net assets or fund balances, end of year
$1,324,395
Program services expenses (Part IX)
$2,800,538
Management and general expenses
$544,158
Fundraising expenses
$264,957
Program service expenses (Part III)
$2,800,538

Program services were 77.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $4,906,918

  • 3 · Investment income

    total $0

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6d · Net rental income or loss

    total $0

  • 7d · Net gain or loss

    total $0

  • 8c · Net income from fundraising events

    total $0

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $445,757 · program services $445,757

  • 2 · Grants to domestic individuals

    total $1,851,230 · program services $1,851,230

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $404,578 · program services $202,289 · management and general $202,289

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $291,410 · program services $145,705 · management and general $145,705

  • 8 · Pension plan contributions

    total $23,587 · program services $11,794 · management and general $11,793

  • 9 · Other employee benefits

    total $41,254 · program services $20,627 · management and general $20,627

  • 10 · Payroll taxes

    total $24,032 · program services $12,016 · management and general $12,016

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $80 · program services $40 · management and general $40

  • 11c · Fees: accounting

    total $15,020 · program services $7,510 · management and general $7,510

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $60,000 · program services $30,000 · management and general $30,000

  • 12 · Advertising and promotion

    total $264,957 · fundraising $264,957

  • 13 · Office expenses

    total $12,240 · management and general $12,240

  • 14 · Information technology

    total $7,596 · management and general $7,596

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $0

  • 17 · Travel

    total $10,594 · program services $5,297 · management and general $5,297

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $4,500 · program services $2,250 · management and general $2,250

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $2,778 · management and general $2,778

  • 23 · Insurance

    total $3,888 · management and general $3,888

  • 24a · Other expenses: OUTSIDE SERVICES

    total $122,201 · program services $61,100 · management and general $61,101

  • 24b · Other expenses: MEALS

    total $9,706 · program services $4,853 · management and general $4,853

  • 24c · Other expenses: PAYROLL SERVICE

    total $8,574 · management and general $8,574

  • 24d · Other expenses: Postage and Shipping

    total $4,580 · management and general $4,580

  • 24e · All other expenses

    total $1,091 · program services $70 · management and general $1,021

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $21,209 · end of year $1,316,761

  • 2 · Savings and temporary cash investments

    end of year $0

  • 3 · Pledges and grants receivable

    end of year $0

  • 4 · Accounts receivable

    beginning of year $2,365 · end of year $2,365

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $14,180

  • 10b · Land, buildings and equipment: accumulated depreciation

    $6,506

  • 10c · Land, buildings and equipment, net

    beginning of year $3,931 · end of year $7,674

  • 11 · Investments: publicly traded securities

    end of year $0

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $375 · end of year $765

  • 25 · Other liabilities

    end of year $1,640

  • 31 · Retained earnings, endowment or other funds

    beginning of year $27,130 · end of year $1,324,395

Mission and programs · 2022

Mission

The Change Reaction is a philosophy of giving that offers maximum joy for donors and maximum impact for recipients. We provide direct grants to hardworking people who are experiencing hardships or who have opportunities to further their success but do not have the financial support they need to succeed. By partnering with well-established organizations, we transfer philanthropy to frontline staff who have access to resources not previously available. The result is that caseworkers on the frontlines say yes more often than no to clients in need.

  • In 2019, we had the ability to establish The Change Reaction as a 501(c)(3). From that, we created partnerships with about 80 different organizations in the greater Los Angeles area. In 2022 we gave $2,296,987 in grants to hard working individuals through these organizations.

    Expenses $2,800,538 · Grants $2,296,987 · Revenue $4,906,918

As filed on the 2022 return.

Listed in Part VII

  • Wade Trimmer

    President

    Total calculated
    $404,578
    From this org
    $404,578
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $404,578
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $404,578
  • Daphna Nissanoff-Gerendash

    PROGRAM MANAGER

    Total calculated
    $239,599
    From this org
    $239,599
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $139,599
    Bonus
    $100,000
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $239,599
  • Ielaf A Altoma

    PROGRAM CORDINATOR

    Total calculated
    $108,352
    From this org
    $108,352
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Gregory F Perlman

    CEO

    Total calculated
    $0
    Hours/week
    10 + 20 related
  • Jodi D Perlman

    Secretary

    Total calculated
    $0
    Hours/week
    5 + 5 related
  • Leona S Schube

    Executive Dir.

    Total calculated
    $0
    Hours/week
    5 + 40 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
16 November 2023
IRS schema version
2022v5.0
Source object
202313209349302416

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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